Insider filing report for Changes in Beneficial Ownership
- Schedule 13G & 13D forms are used to report a party's ownership of stock which exceeds 5% of a company's total stock issue.
- Schedule 13G is a shorter version of Schedule 13D with fewer reporting requirements.
- Peter Lynch
What is insider trading>>
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UNITED STATES |
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SECURITIES AND EXCHANGE COMMISSION |
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Washington, D.C. 20549 |
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SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 2)
Centric Brands, Inc.
(Name of Issuer)
Common Stock
(Title of Class of Securities)
15644G104
(CUSIP Number)
December 31, 2019
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
o |
Rule 13d-1(b) |
x |
Rule 13d-1(c) |
o |
Rule 13d-1(d) |
*The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).
CUSIP No. 15644G104 |
Schedule 13G |
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SEC Use Only | |||||
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Citizen or Place of Organization | |||||
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Number of |
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Sole Voting Power | |||||
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Shared Voting Power | ||||||
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Sole Dispositive Power | ||||||
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Shared Dispositive Power | ||||||
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Aggregate Amount Beneficially Owned by Each Reporting Person | |||||
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Check if the Aggregate Amount in Row (9) Excludes Certain Shares o | |||||
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Percent of Class Represented by Amount in Row 9 | |||||
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Type of Reporting Person | |||||
CUSIP No. 15644G104 |
Schedule 13G |
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Citizen or Place of Organization | |||||
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Number of |
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Sole Voting Power | |||||
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Shared Voting Power | ||||||
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Sole Dispositive Power | ||||||
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Shared Dispositive Power | ||||||
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Aggregate Amount Beneficially Owned by Each Reporting Person | |||||
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Check if the Aggregate Amount in Row (9) Excludes Certain Shares o | |||||
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Percent of Class Represented by Amount in Row 9 | |||||
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Type of Reporting Person | |||||
CUSIP No. 15644G104 |
Schedule 13G |
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SEC Use Only | |||||
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Citizen or Place of Organization | |||||
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Number of |
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Sole Voting Power | |||||
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Shared Voting Power | ||||||
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Sole Dispositive Power | ||||||
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Shared Dispositive Power | ||||||
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Aggregate Amount Beneficially Owned by Each Reporting Person | |||||
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Check if the Aggregate Amount in Row (9) Excludes Certain Shares o | |||||
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Percent of Class Represented by Amount in Row 9 | |||||
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CUSIP No. 15644G104 |
Schedule 13G |
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SEC Use Only | |||||
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Citizen or Place of Organization | |||||
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Number of |
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Sole Voting Power | |||||
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Shared Voting Power | ||||||
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Sole Dispositive Power | ||||||
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Shared Dispositive Power | ||||||
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Aggregate Amount Beneficially Owned by Each Reporting Person | |||||
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Check if the Aggregate Amount in Row (9) Excludes Certain Shares o | |||||
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Percent of Class Represented by Amount in Row 9 | |||||
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Type of Reporting Person | |||||
CUSIP No. 15644G104 |
Schedule 13G |
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Names of Reporting Persons | |||||
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SEC Use Only | |||||
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Citizen or Place of Organization | |||||
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Number of |
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Sole Voting Power | |||||
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Sole Dispositive Power | ||||||
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Aggregate Amount Beneficially Owned by Each Reporting Person | |||||
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Check if the Aggregate Amount in Row (9) Excludes Certain Shares o | |||||
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Percent of Class Represented by Amount in Row 9 | |||||
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Type of Reporting Person | |||||
CUSIP No. 15644G104 |
Schedule 13G |
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Names of Reporting Persons | |||||
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Check the Appropriate Box if a Member of a Group | |||||
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SEC Use Only | |||||
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Citizen or Place of Organization | |||||
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Number of |
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Sole Voting Power | |||||
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Shared Voting Power | ||||||
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Sole Dispositive Power | ||||||
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Shared Dispositive Power | ||||||
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Aggregate Amount Beneficially Owned by Each Reporting Person | |||||
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Check if the Aggregate Amount in Row (9) Excludes Certain Shares o | |||||
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Percent of Class Represented by Amount in Row 9 | |||||
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Type of Reporting Person | |||||
CUSIP No. 15644G104 |
Schedule 13G |
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Names of Reporting Persons | |||||
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SEC Use Only | |||||
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Citizen or Place of Organization | |||||
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Number of |
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Sole Voting Power | |||||
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Shared Voting Powe
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Sole Dispositive Power | ||||||
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Shared Dispositive Power | ||||||
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Aggregate Amount Beneficially Owned by Each Reporting Person | |||||
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Check if the Aggregate Amount in Row (9) Excludes Certain Shares o | |||||
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Percent of Class Represented by Amount in Row 9 | |||||
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Type of Reporting Person | |||||
CUSIP No. 15644G104 |
Schedule 13G |
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1 |
Names of Reporting Persons | |||||
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Check the Appropriate Box if a Member of a Group | |||||
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(a) |
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(b) |
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SEC Use Only | |||||
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Citizen or Place of Organization | |||||
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Number of |
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Sole Voting Power | |||||
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Shared Voting Power | ||||||
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Sole Dispositive Power | ||||||
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Shared Dispositive Power | ||||||
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Aggregate Amount Beneficially Owned by Each Reporting Person | |||||
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Check if the Aggregate Amount in Row (9) Excludes Certain Shares o | |||||
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Percent of Class Represented by Amount in Row 9 | |||||
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12 |
Type of Reporting Person | |||||
CUSIP No. 15644G104 |
Schedule 13G |
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1 |
Names of Reporting Persons | |||||
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Check the Appropriate Box if a Member of a Group | |||||
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(a) |
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(b) |
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3 |
SEC Use Only | |||||
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Citizen or Place of Organization | |||||
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Number of |
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Sole Voting Power | |||||
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Shared Voting Power | ||||||
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Sole Dispositive Power | ||||||
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Shared Dispositive Power | ||||||
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Aggregate Amount Beneficially Owned by Each Reporting Person | |||||
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10 |
Check if the Aggregate Amount in Row (9) Excludes Certain Shares o | |||||
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11 |
Percent of Class Represented by Amount in Row 9 | |||||
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12 |
Type of Reporting Person | |||||
CUSIP No. 15644G104 |
Schedule 13G |
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1 |
Names of Reporting Persons | |||||
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2 |
Check the Appropriate Box if a Member of a Group | |||||
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(a) |
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(b) |
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3 |
SEC Use Only | |||||
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4 |
Citizen or Place of Organization | |||||
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Number of |
5 |
Sole Voting Power | |||||
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Shared Voting Power | ||||||
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Sole Dispositive Power | ||||||
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Shared Dispositive Power | ||||||
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9 |
Aggregate Amount Beneficially Owned by Each Reporting Person | |||||
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10 |
Check if the Aggregate Amount in Row (9) Excludes Certain Shares o | |||||
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11 |
Percent of Class Represented by Amount in Row 9 | |||||
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Type of Reporting Person | |||||
CUSIP No. 15644G104 |
Schedule 13G |
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Item 1. | |||||
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(a) |
Name of Issuer: | |||
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(b) |
Address of Issuers Principal Executive Offices: 6th Floor, New York, NY 10118 | |||
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Item 2. | |||||
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(a) |
Name of Person Filing:
Ares Capital Corporation (Ares Capital) Ares Capital Management LLC (Ares Capital Management) Ares Management LLC Ares Management Holdings L.P. (Ares Management Holdings) Ares Holdco LLC (Ares Holdco) Ares Holdings Inc. (Ares Holdings) Ares Management Corporation (Ares Management) Ares Voting LLC (Ares Voting) Ares Management GP LLC (Ares Management GP) Ares Partners Holdco LLC (Ares Partners) | |||
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Address or Principal Business Office: | |||
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Citizenship of each Reporting Person is: Each other Reporting Person is organized under the laws of the State of Delaware. | |||
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(d) |
Title of Class of Securities: | |||
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(e) |
CUSIP Number: | |||
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Item 3. |
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Not applicable. | ||
CUSIP No. 15644G104 |
Schedule 13G |
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Item 4. |
Ownership | ||
Ownership (a-b)
The ownership information presented below represents beneficial ownership of shares of Common Stock of the Issuer as of the date hereof, based upon 59,056,743 shares of Common Stock outstanding as of November 14, 2019. The amounts reported as beneficially owned by the Reporting Persons on this Schedule 13G consist of an aggregate of 3,125,000 shares of Common Stock, held directly in the individual amounts noted below by Ares Capital and the other investment vehicles (the Investment Vehicles) identified in the following table.
Reporting Person |
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Number of Shares |
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Percent |
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Ares Capital Corporation |
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3,077,875 |
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5.2 |
% |
Ares Centre Street Partnership, L.P. |
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6,250 |
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* |
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Ares Commercial Finance LP |
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125 |
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Ares Credit Strategies Insurance Dedicated Fund Series of SALI Multi-Series Fund, L.P. |
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6,250 |
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* |
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Ares European Credit Strategies Fund VIII (BUMA), L.P. |
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6,250 |
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* |
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Ares Jasper Fund, L.P. |
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125 |
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*< /p> |
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Ares ND Credit Strategies Fund LLC |
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6,250 |
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* |
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Ares Senior Direct Lending Parallel Fund (L), L.P. |
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784 |
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* |
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Ares Senior Direct Lending Parallel Fund (U), L.P. |
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665 |
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* |
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Ares Senior Direct Lending Parallel Fund (U) B, L.P. |
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378 |
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* |
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Ares Senior Direct Lending Master Fund Designated Activity Company |
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4,423 |
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* |
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Bowhead IMC LP |
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6,250 |
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* |
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CION Ares Diversified Credit Fund |
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3,125 |
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Diversified Loan Fund - Private Debt A S.à.r.l. |
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6,250 |
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* Less than 0.1%
The investment adviser of each of Ares Capital, Ares Jasper Fund, L.P., Ares ND Credit Strategies Fund LLC, Ares Senior Direct Lending Parallel Fund (L), L.P., Ares Senior Direct Lending Parallel Fund (U), L.P., Ares Senior Direct Lending Parallel Fund (U) B, L.P., Ares Senior Direct Lending Master Fund Designated Activity Company and Bowhead IMC LP is Ares Capital Management. Ares Capital Management is also an investment subadvisor of Ares Credit Strategies Insurance Dedicated Fund Series of SALI Multi-Series Fund, L.P. and Diversified Loan Fund - Private Debt A S.à.r.l.
Ares Centre Street Management, L.P. (Centre Street Management) is responsible for the management of Ares Centre Street Partnership, L.P. ACF GP, LLC (ACF GP) is the general partner of Ares Commercial Finance GP LP, which is the general partner of Ares Commercial Finance LP. Ares Management Limited (Management Limited) is responsible for the management of Ares European Credit Strategies Fund VIII (BUMA), L.P. Ares Capital Management II LLC (Capital Management II and, together with Centre Street Management, ACF GP and Management Limited, the Investment Vehicle Managers) is responsible for the management of CION Ares Management, LLC, which is responsible for the management of CION Ares Diversified Credit Fund.
Ares Capital Management is wholly owned by Ares Management LLC. Ares Management LLC is also the general partner, manager or sole member of each of the Investment Vehicle Managers. The sole member of Ares Management LLC is Ares Management Holdings and the general partner of Ares Management Holdings is Ares Holdco. The sole member of Ares Holdco is Ares Holdings, whose sole stockholder is Ares Management. Ares Management GP is the sole holder of the Class B common stock, $0.01 par value per share, of Ares Management (Class B Common Stock) and Ares Voting is the sole holder of the Class C common stock, par value $.01 per share, of Ares Management (Class C Common Stock). Pursuant to Ares Managements Certificate of Incorporation, the holders of the Class B Common Stock and the Class C Common Stock, collectively, will generally have the majority of votes on any matter submitted to the stockholders of Ares Management if certain conditions are met. The sole member of both Ares Management GP and Ares Voting is Ares Partners. Ares Partners is managed by a board of managers which is composed of Michael Arougheti, Ryan Berry, R. Kipp deVeer, David Kaplan, Michael McFerran, Antony Ressler and Bennett Rosenthal (collectively, the Board Members). Mr. Ressler generally has veto authority over decisions by the Board Members. Each of the Reporting Persons (other than Ares Capital, with respect to the shares held directly by it), and the Board Members expressly disclaim beneficial ownership of the shares of Common Stock held by Ares Capital and the Investment Vehicles.
(c) The information contained on the cover pages to this Schedule 13G is incor porated herein by reference.
CUSIP No. 15644G104 |
Schedule 13G |
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Item 5. |
Ownership of Five Percent or Less of a Class | ||
Not applicable.
Item 6. |
Ownership of More than Five Percent on Behalf of Another Person |
Not applicable.
Item 7. |
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company |
Not applicable.
Item 8. |
Identification and Classification of Members of the Group |
Not applicable.
Item 9. |
Notice of Dissolution of Group |
Not applicable.
CUSIP No. 15644G104 |
Schedule 13G |
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Item 10. Certification
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
Date: February 14, 2020
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Ares Capital Corporation | |
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Signed: |
/s/ Joshua M. Bloomstein |
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Name: |
Joshua M. Bloomstein |
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Title: |
Authorized Signatory |
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Ares Capital Management LLC | |
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Signed: |
/s/ Joshua M. Bloomstein |
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Name: |
Joshua M. Bloomstein |
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Title: |
Authorized Signatory |
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Ares Management LLC | |
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Signed: |
/s/ Joshua M. Bloomstein |
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Name: |
Joshua M. Bloomstein |
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Title: |
Authorized Signatory |
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Ares Management Holdings L.P. | |
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By: Ares Holdco LLC, its general partner | |
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Signed: |
/s/ Joshua M. Bloomstein |
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Name: |
Joshua M. Bloomstein |
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Title: |
Authorized Signatory |
CUSIP No. 15644G104 |
Schedule 13G |
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Ares Holdco LLC | |
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Signed: |
/s/ R. Kipp deVeer |
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Name: |
R. Kipp deVeer |
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Title: |
Authorized Signatory |
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Ares Holdings Inc. | |
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Signed: |
/s/ Joshua M. Bloomstein |
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Name: |
Joshua M. Bloomstein |
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Title: |
Authorized Signatory |
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Ares Management Corporation | |
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Signed: |
/s/ Joshua M. Bloomstein |
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Name: |
Joshua M. Bloomstein |
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Title: |
Authorized Signatory |
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Ares Voting LLC | |
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By: Ares Partners Holdco LLC, its sole member | |
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Signed: |
/s/ R. Kipp deVeer |
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Name: |
R. Kipp deVeer |
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Title: |
Authorized Signatory |
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Ares Management GP LLC | |
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Signed: |
/s/ Joshua M. Bloomstein |
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Name: |
Joshua M. Bloomstein |
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Title: |
Authorized Signatory |
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Ares Partners Holdco LLC | |
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Signed: |
/s/ R. Kipp deVeer |
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Name: |
R. Kipp deVeer |
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Title: |
Authorized Signatory |
CUSIP No. 15644G104 |
Schedule 13G |
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LIST OF EXHIBITS
Exhibit No. |
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Description |
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99.1 |
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